dividend
confidence high
sentiment positive
materiality 0.65
PACCAR declares 50% stock dividend and raises quarterly cash dividend to $0.25 per share
PACCAR INC
- Board approves 50% stock dividend (one additional share per two held) payable Feb 7, 2023 to holders of record Jan 17, 2023.
- Regular quarterly cash dividend increased to $0.25 per post-split share, payable Mar 8, 2023 to holders of record Feb 14, 2023.
- PACCAR has paid dividends every year since 1941 and increased cash dividend 50% over the last five years.
- CEO notes $7.3B invested over past decade in new facilities, products, and technologies.